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The Nomad Bridge Exploiter Capitalizes on Low ethereum Price Nomad Bridge Exploiter is taking advantage of the recent drop in ethereum's price by making a substantial purchase of the cryptocurrency during the sell-off and then depositing it to Tornado Cash According to data shared by Lookonchain on X, the exploiter spent 39 75 million DAI to acquire 16,892 ETH This purchase was made at a time when the market experienced a significant dip, allowing the hacker to buy ethereum at a discounted price Twitter was abuzz with news of the exploit, with users sharing information about the exploit and the amount of DAI spent to acquire ETH...

South Korea's city of Ansan is making headlines with its decision to confiscate cryptocurrency from residents who fail to pay their local taxes According to Newsis, government officials in Ansan, Gyeonggi Province, announced on August 2 that they would utilize a "virtual asset platform seizure system" to recover unpaid taxes The city plans to implement this platform starting this month Ansan's Initiative to Seize crypto from Tax Delinquents With the domestic crypto market capitalization reaching $31 7 billion last year, Ansan is taking proactive measures to address tax evasion...